Morgan Dollar Values

The Morgan Dollar was minted by the United States government from 1878 to 1904 and then again for one more year in 1921. It is composed of 90% silver and 10% copper.

Values for Morgan Dollars are related to current silver prices. This tie to silver prices is especially true for common dates in average condition, because as much of their value is derived from the silver content as it is the scarcity. Silver prices are provided in Troy ounces. On October 18, 2017 the spot price of silver was $17.15. Multiplying the price for silver by .7735 will give you the value of the silver in a Morgan Dollar, also known as the melt value. On October 18 the melt value was $13.27.

Date and Mint

G

VG

F

VF

XF

UNC

BU

MS-65

1878 8 Tail Feathers

$34

$36

$38

$43

$52

$119

$143

$1,425

1878 7 over 8 Tail Feathers

$34

$35

$36

$40

$48

$67

$76

$1,140

1878 7 Tail Feathers Reverse of 1878

$34

$35

$36

$40

$48

$67

$76

$1,140

1878 7 Tail Feathers Reverse of 1879

$34

$35

$36

$37

$43

$71

$86

$2,850

1878 CC

$81

$105

$119

$133

$143

$181

$214

$2,090

1878 S

$34

$35

$36

$37

$40

$48

$57

$261

1879

$34

$35

$36

$37

$38

$39

$43

$855

1879 CC

$143

$190

$261

$333

$808

$2,470

$3,800

$28,500

1879 CC Capped

$143

$190

$261

$333

$808

$2,470

$3,800

$28,500

1879 O

$34

$35

$36

$38

$43

$52

$86

$3,088

1879 S Reverse of 1878

$34

$35

$36

$37

$38

$95

$143

$7,600

1879 S Reverse of 1879

$34

$35

$36

$37

$38

$39

$48

$143

1880

$34

$35

$36

$37

$38

$39

$48

$713

1880 CC Reverse of 1878

$81

$143

$166

$190

$238

$499

$523

$2,613

1880 CC 80/79 Reverse of 1878

$81

$143

$166

$190

$238

$499

$523

$3,800

1880 CC 8 over 7 Reverse of 1878

$81

$143

$166

$190

$238

$499

$523

$2,850

1880 CC Reverse of 1879

$81

$143

$166

$190

$238

$499

$523

$1,425

1880 CC 8 over 7 High 7 Reverse of 1879

$81

$143

$166

$190

$238

$499

$523

$1,758

1880 CC 8 over 7 Low 7 Reverse of 1879

$81

$143

$166

$190

$238

$499

$523

$1,758

Date and Mint

G

VG

F

VF

XF

UNC

BU

MS-65

1880 O

$34

$35

$36

$37

$38

$39

$71

$23,750

1880 S

$34

$35

$36

$37

$38

$39

$43

$143

1881

$34

$35

$36

$37

$38

$39

$43

$665

1881 CC

$309

$333

$356

$380

$404

$451

$475

$950

1881 O

$34

$35

$36

$37

$38

$39

$48

$1,330

1881 S

$34

$35

$36

$37

$38

$39

$48

$143

1882

$34

$35

$36

$37

$38

$39

$43

$499

1882 CC

$62

$95

$105

$119

$128

$166

$190

$475

1882 O

$34

$35

$36

$37

$38

$39

$48

$1,188

1882 O/S

$34

$36

$38

$43

$57

$166

$285

$33,250

1882 S

$34

$35

$36

$37

$38

$39

$48

$143

1883

$34

$35

$36

$37

$38

$39

$48

$190

1883 CC

$57

$71

$95

$109

$119

$143

$166

$475

1883 O

$34

$35

$36

$37

$38

$39

$48

$166

1883 S

$34

$24

$29

$43

$48

$333

$665

$33,250

1884

$34

$35

$36

$37

$38

$39

$48

$333

1884 CC

$71

$86

$119

$138

$147

$176

$190

$475

Date and Mint

G

VG

F

VF

XF

UNC

BU

MS-65

1884 O

$34

$35

$36

$37

$38

$39

$48

$143

1884 S

$34

$35

$36

$37

$38

$39

$6,650

$237,500

1885

$34

$35

$36

$37

$38

$39

$43

$147

1885 CC

$404

$475

$499

$546

$594

$641

$713

$1,140

1885 O

$34

$35

$36

$37

$38

$39

$48

$143

1885 S

$34

$26

$33

$48

$71

$185

$190

$1,710

1886

$34

$35

$36

$37

$38

$39

$43

$143

1886 O

$34

$36

$38

$40

$43

$285

$665

$19,000

1886 S

$38

$48

$67

$86

$95

$238

$261

$2,945

1887

$34

$35

$36

$37

$38

$39

$40

$143

1887/6

$34

$38

$43

$48

$105

$238

$380

$4,750

1887 O

$34

$35

$36

$37

$38

$39

$52

$4,750

1887 S

$34

$35

$36

$37

$38

$81

$95

$2,850

1888

$34

$35

$36

$37

$38

$39

$43

$166

1888 O

$34

$35

$36

$37

$38

$39

$43

$618

1888 O Hot Lips

--

--

$105

$166

$380

$7,125

--

--

1888 S

$71

$152

$214

$238

$252

$285

$309

$2,850

1889

$34

$35

$36

$37

$38

$39

$43

$380

1889 CC

$570

$665

$950

$1,425

$2,850

$19,000

$23,750

$332,500

1889 O

$34

$35

$36

$37

$38

$71

$143

$6,650

1889 S

$34

$43

$71

$71

$95

$166

$190

$1,900

Date and Mint

G

VG

F

VF

XF

UNC

BU

MS-65

1890

$34

$35

$36

$37

$38

$39

$43

$2,375

1890 CC

$76

$86

$119

$143

$190

$333

$428

$4,750

1890 CC Tail Bar

$95

$166

$238

$333

$570

$1,425

$1,900

$10,450

1890 O

$34

$35

$36

$37

$38

$39

$62

$1,900

1890 S

$34

$35

$36

$37

$38

$39

$67

$950

1891

$34

$35

$36

$37

$38

$39

$57

$8,550

1891 CC

$76

$86

$119

$138

$190

$238

$309

$4,275

1891 CC Spitting Eagle

$95

$105

$143

$162

$228

$276

$366

$5,225

1891 O

$34

$35

$36

$37

$38

$119

$143

$8,550

1891 S

$34

$35

$36

$37

$38

$43

$71

$1,425

1892

$34

$35

$36

$37

$38

$166

$285

$4,275

1892 CC

$143

$214

$238

$333

$570

$1,425

$1,663

$8,550

1892 O

$34

$35

$36

$37

$38

$95

$190

$6,650

1892 S

$34

$38

$43

$166

$475

$1,900

$14,250

$180,500

1893

$190

$238

$261

$285

$309

$475

$665

$6,650

1893 CC

$214

$285

$380

$713

$1,710

$3,325

$3,800

$68,400

1893 O

$166

$238

$285

$475

$760

$1,520

$2,375

$190,000

1893 S

$1,900

$3,800

$4,750

$5,700

$8,550

$47,500

$85,500

$617,500

1894

$950

$1,330

$1,520

$1,710

$2,375

$3,325

$3,800

$47,500

1894 O

$38

$48

$57

$71

$95

$475

$618

$57,000

1894 S

$48

$71

$81

$128

$166

$570

$665

$5,700

Date and Mint

G

VG

F

VF

XF

UNC

BU

MS-65

1895 Proof

$16,150

$23,750

$33,250

$38,000

$42,750

$47,500

--

--

1895 O

$238

$285

$380

$570

$855

$6,650

$15,200

$190,000

1895 S

$333

$475

$523

$760

$1,188

$2,850

$3,800

$25,650

1896

$34

$35

$36

$37

$38

$39

$48

$190

1896 O

$34

$35

$36

$37

$38

$475

$1,330

$190,000

1896 S

$34

$36

$38

$71

$261

$1,235

$1,900

$19,000

1897

$34

$35

$36

$37

$38

$39

$43

$309

1897 O

$34

$22

$24

$26

$29

$285

$760

$61,750

1897 S

$34

$35

$36

$37

$38

$43

$67

$570

1898

$34

$35

$36

$37

$38

$39

$43

$214

1898 O

$34

$35

$36

$37

$38

$39

$43

$166

1898 S

$34

$36

$38

$43

$67

$190

$214

$2,375

1899

$119

$143

$166

$190

$214

$261

$285

$950

1899 O

$34

$35

$36

$37

$38

$39

$48

$166

1899 S

$34

$36

$38

$43

$71

$190

$261

$1,900

1900

$34

$35

$36

$37

$38

$39

$48

$238

1900 O

$34

$35

$36

$37

$38

$39

$48

$166

1900 O/CC

$34

$43

$57

$71

$119

$238

$356

$2,613

1900 S

$34

$35

$36

$37

$43

$190

$309

$1,425

1901

$34

$36

$43

$62

$119

$855

$2,375

$332,500

1901 Double Die Reverse

--

--

$285

$950

$1,900

$6,650

--

--

Date and Mint

G

VG

F

VF

XF

UNC

BU

MS-65

1901 O

$34

$35

$36

$37

$38

$39

$48

$190

1901 S

$34

$36

$38

$40

$71

$309

$475

$3,325

1902

$34

$35

$36

$37

$38

$39

$52

$523

1902 O

$34

$35

$36

$37

$38

$39

$48

$166

1902 S

$48

$71

$105

$190

$261

$333

$380

$3,040

1903

$38

$48

$57

$62

$71

$81

$86

$285

1903 O

$261

$285

$333

$356

$380

$428

$437

$665

1903 S

$67

$95

$119

$238

$404

$2,850

$3,800

$11,400

1903 S Micro S

$133

$190

$238

$475

$808

$5,700

--

--

1904

$34

$35

$36

$37

$38

$62

$95

$3,135

1904 O

$34

$35

$36

$37

$38

$43

$48

$166

1904 S

$34

$38

$57

$119

$261

$950

$1,425

$9,500

1921

$34

$35

$36

$37

$38

$43

$48

$166

1921 D

$34

$35

$36

$37

$38

$43

$48

$428

1921 S

$34

$35

$36

$37

$38

$43

$48

$1,140

These prices for Morgan Dollars are provided as a service to Hobbizine readers. They are derived from numerous sources such as dealer price lists, advertisements in numismatic publications, and public auction results. Use these values as a guideline for evaluating the reasonableness of dealer prices, setting up trades with other collectors, and estimating the worth of your collection.

Some notes about grading:

G - Good: Major design elements are outlined but details are gone; the date may not be sharp (but should be readable) and the rim may not be complete.

VG - Very Good: Major design elements, letters and numerals are worn but clear.

F - Fine: Major elements are still clear but details are worn away.

VF - Very fine: Light even wear on high points, all lettering and design details are sharp.